Is the VSIP Increase a New Incentive to Retire Early?

Across the Department of Defense (DoD), retirement has been an issue that was continuously trying to be solved with an outdated solution. DoD employee retirement options have remained unchanged since 1993. “The $25,000 has been in place for a very long time and it has not really kept up with inflation, so for people who were on the fence about whether or not to retire, the $25,000 was just not enough of an incentive for people to retire,” said Sheila McCready, Defense consultant for the American Federation of Government Employees.

Effective Cost Management Strategies Can Support the New Navy Fleet Standard

For the Department of Defense (DoD), continued support for building a larger fleet has led to questions on how to actually raise those numbers. Not only has a new budget been approved to increase financial support, the current administration has called “for the growth in several areas compared to the prior plan.” Most notably:

St. Michael’s Receives Notice of Allowance from USPTO for CrossPoint (TM)

St. Michael’s, Inc. has received a Notice of Allowance (NOA) from the United States Patent and Trademark Office (USPTO) for its CrossPointTM, Success on Target methodology publication.  The USPTO informed St. Michael’s that the NOA applies to both the Account auditing, audit support services and the financial custody services categories.  This allows St. Michael’s to continue using CrossPointTM in its client delivery efforts.

OPM prepares Government Agencies for Reorganization

As we enter Spring 2017, the Office of Personal Management (OPM) is preparing the Federal government for a potential reshaping of the government workforce. Agencies will start receiving new guidelines and updates on possible administrative furloughs. Furloughs are a temporary period of time where leaves of absence are granted under special circumstances.

Improper Payments at an All-Time High

As we enter calendar year 2017, the Federal government will be dealing with new and continuing payments which could be considered improper. An improper payment is any payment that should not have been made or was made in an incorrect amount. This include overpayments, underpayments, payments made to ineligible recipients, or payments that were not properly documented. Improper payments are always an area of concern for the federal government. For the fourth straight year, the Federal government increased the amount of money described as “improper payments” in 2016.

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